How to Open SSS Flexi Fund – Requirements and Procedures

Overseas Filipino Workers work very hard for their families. They deserve all the earnings and the benefits they can get from their jobs abroad. The Social Security System (SSS) launched a special program for OFW to grow their money.

What is SSS Flexi Fund?

SSS Flexi Fund is a Provident Fund program exclusively offered to OFW (Overseas Filipino Workers) to help them save and earn more money while enjoying SSS benefits at the same time. This type of fund is not mandatory. It is a member’s decision to avail SSS Flexi Fund or not.

We have a detailed review about it here: SSS Flexi Fund Program Review if you want to learn more.

How to Open SSS Flexi Fund – Step by Step Procedures:

It’s so easy to open this type of fund. All you have to do is fill out the form required (below) and enroll yourself for the Flexi Fund. Once you are enrolled, your Flexi Fund account will be created and you can start adding funds to it which can earn interest income over a long time.

SSS Flexi Fund Requirements:

  • Fill out Enrollment Form for your Flexi Fund
  • Submit it at any SSS Foreign Representative office near you
  • If you’re in the Philippines, you can also submit it at the nearest SSS. Bring your valid OEC (Overseas Employment Certificate or E-receipt issued by POEA as proof of your pending deployment if you will apply Flexi Fund in the Philippines.
sss flexi fund program requirements

How to remit your Flexi Fund contributions?

It’s also the same as remitting regular SSS contributions of an OFW. Submit your SSS Form RS-5 (Contributions Payment Return) and fill out the data. Don’t forget to tick OFW as payor type.

You can add excess funds in your monthly contributions, any excess (200+) from it will automatically go to your SSS Flexi Fund. Simple as that 🙂 SSS stated that any excess of P200+ from your monthly contribution will go to your fund investment.

Note that your investment fund is not required to pay monthly just like SSS contributions. You can also pay it separately with your SSS contributions.

You can add funds in your account whenever you want  (monthly, quarterly, annually or anytime you want) that is why it is flexi (flexible). But for easy remittance, I suggest you pay it same way when you pay your SSS contributions.

Your Flexi Fund is an investment. It earns income thru fixed-income government securities where all investors’ funds are invested.

About Fehl Dungo

Licensed Career Service Professional, tech investor, founder of Philpad, and published author of a poetry book at Barnes&Noble.

28 thoughts on “How to Open SSS Flexi Fund – Requirements and Procedures”

  1. Hello, puede din ba ako mag remit ng flexi fund via Gcash app? Will it use the same PRN generated regularly by SSS for my regular contribution payment? Salamat sa info.

    Reply
  2. good morning po..ako po c mary ann mirante member na po ako ng sss gusto ko po mag pamember sa flexi fund.paano po makakuha ng form.dito po ako ngayon sa lebanon ofw.maraming salamat po !

    Reply
  3. member na po ako ng sss more than 2 yrs nahulugan at nag abroad ako gusto ko ituloy at mag flexifund papanu po ? sa ngayon d2 ako qatar,at gusto ko ituloy kahit biglain ko 1yr na bayaran at the same time hulugan ko din flexifund na parang savings?

    Reply
  4. pwede po ba akong sumali sa flexi funds program kht natigil nku mghulog ng sss ko?ofw po aq now.gsto ko mhulugan ang ang sss ko at the same time mkpagipon nrn po.

    Reply
  5. Mam,Ilang months po ba dapat makapaghulog ng 1760 para pwede mag enroll sa flexi fund?Pag member na po ba ako sa flexi fund pwede na ba akong mag deposit ng 100k agad?Ibig po ba sabihin pag magbabayad na ako ng sss contribution na 2k-1760=240,ung 240 po ba na excess ay automatic na papasok sa flexi fund ko at magiging 100,240?Any time po ba pwede iwithdraw ang flexi fund?100240 ang buo na ma withdraw ko?Please reply po mam.Thanks

    Reply
  6. Sir, Madam,
    Stop na po ako na nag huhulog sa ofw contribution last 2015 total month contribution ko na po ay 240 at ang monthly contribution ko po ay 1760.
    Last june 2017 check ko po sa online ang retirement computation ang lumabas ay 10,101.64..Bakit monthly bumababa ang monthly amt pension na dapat ay pataas? Ngyon September 2017 ang total amt pension lumalabas 9,971.72 na pababa ng pababa bakit ganun po.
    Please I need your clear explanation in this regard.
    Thank you very much and greatly appreciated.

    Reply
  7. gud day po maam.pano po qng nsa abroad mister q at aq nlng po ang magaasikaso nung sss nya para sa flexi fund.pwede po ba un.

    Reply
  8. Ma’am OFW po ako. Naghuhulog po ako ng 1760 monthly contribution ko, at more than 120 months na po ang hulog ko to be exact 140 months total contributions ko, at member din po ako ng flexi-fund, Ang tanong ko po yung sobrang hulog ko ba ay automatic mapupunta po ba sa flexi-fund ko?

    Reply
  9. Hi, good AM po. my monthly contribution is 1760, in my application form na check ang Approved box under flexi fund. does it mean im done in my enrollment? In my monthly contribution na 1760, andun na bva yung flexi fund ko?

    Reply
  10. HI ma’am tanong kulang 1740 contribution ko sa sss pag mag open ako ng sss flexi fund ibig sabihin 1540 yong mapupunta sa flexi fund ko ..tama ba ako ?

    Reply
  11. I’m an ofw and i pay my sss 1760 every month. Gusto ko sanang mag sss flexi fund kailangan pa bang mag enroll sa sss flexi fund?

    Reply
  12. Gud day,..yung husband ko po nag open ng sss last oct. Ofw po sya automatic na po ba sya member sa flexi fund,? Kung hindi pa po pwd po ba mg pa member sa flexi fund,? Pwd din po ba ako na lng mg process nkabalik na po kac sya,..

    Reply

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